Word: middleman
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...world, and then allows the weapons to be shipped through Jordan to Iraq. It also permits an estimated 90,000 bbl. of Iraqi oil a day to pass through Jordan by truck. Egypt annually sells Iraq $800 million worth of locally manufactured arms and ammunition, while acting as a middleman in securing planes, tanks and other weapons from third countries. It has also contributed 30,000 volunteers to the Iraqi armed forces...
Much East-West trade involves convoluted deals: Western firms sell items like steel or chemicals to Communist state trading organizations in exchange for such items as tobacco, vodka, timber, trolleys and forklift trucks. The Western company then often resells the Eastern product through a middleman for cash. In one of the biggest of these accords, Occidental Petroleum and the Soviet Union have a 20-year, $20 billion agreement that calls, in part, for the annual exchange of 1 million tons of American superphosphoric acid fertilizer for 4 million tons of Soviet ammonia, urea and potash...
...University might be able to help but not to the tune of $8-10,000," said Weeks, adding that University officials said they might be able to act as a middleman for a bank loan that the rugby players could work off during the summer...
...enforcement agents now say Vesco has been located at last: in Cuba, where he is apparently the guest of Fidel Castro. He was the "arranger, fixer and middleman" in a scheme to smuggle American-made sugar-processing equipment into Cuba, says Jack Wolfe, an Assistant U.S. Attorney in Brownsville, Texas, who successfully prosecuted another man in the case. Richard Bettini, an old friend of Vesco's who testified for the Government in the trial, says Vesco has a waterside villa near Havana with a private dock and a yacht. Bettini recounted flying to Havana in Vesco's private...
...Pentagon purchasing agents for failing to insist on greater competition among parts manufacturers, and for not reforming contracting procedures to prevent absurd markups. In practice, Pentagon agents tend to prefer "sole source" contracts with a major manufacturer, who will acquire the parts from subcontractors and take a profit as middleman. When bids on parts are sought, the Pentagon's buyers often deem the competition "adequate" even if the only "bidders" are the prime contractor and one of its subcontractors, whose business often depends upon remaining on good terms with the larger company. Furthermore, the report contends, Pentagon buyers...